{"data":{"id":"us-in/ic-20-42-2-10","jurisdiction":"us-in","citation":"IC 20-42-2-10","heading":"Loans; required interest rate","body":"Sec. 10. The:\n(1) principal belonging to the fund; and\n(2) accumulations to the principal of a fund held by a county;\nmust be loaned at four percent (4%) per annum. Loans made before June 1, 1943, with a rate of interest higher than four percent (4%) per annum must have an interest rate of four percent (4%) per annum.","path":["TITLE 20. EDUCATION","ARTICLE 42. FIDUCIARY FUNDS AND ACCOUNTS","Chapter 2. County Administration of Congressional Township School Fund"],"source_url":"https://iga.in.gov/ic/2026/Title_20.html#20-42-2-10","current_through":"2026","vintage":"2026","retrieved_at":"2026-08-01T01:34:30Z","sha256":"fbe224d1d64d8b12a028254d4b5200112ccca721afadbda32f4afaa90f025ef9","source_id":"us-in","stale":false,"prev":"us-in/ic-20-42-2-9","next":"us-in/ic-20-42-2-11"},"notice":"GroundRules: Original legal text. Not legal advice."}